Asian Sealand Offshore and Marine Pte. Ltd. (“ASOM”), has secured a purchase order valued at approximately S$7.4 million (US$5.84 million, based on an exchange rate of US$1.00 : S$1.27) for works on a FPSO (floating production storage and offloading) vessel in the Angola offshore basin.

Scheduled for completion by 31 December 2026, the scope of works comprises the supply and mobilisation of offshore personnel for tank works during the campaign, covering supervision, rigging, scaffolding, fitting, welding, tank repairs, and rope access. The purchase order value includes estimated mobilisation and demobilisation costs, certain components of which will be invoiced based on actual costs incurred.

Mr Yong Jiunn Run, Chief Executive Officer, said:

“This is repeat work on a FPSO asset where we already operate, which is how our business model is calibrated to perform. With one quarter left in FY2026, one of our key tasks is execution — converting the order book we have secured into revenue and cash.”

See link for full media release: https://www.bkmgroup.com.sg/newsroom